SAUDI SEDCO AWARDED CONTRACT FOR CONSTRUCTION OF GARDENIA RESIDENCE

SEDCO Development has been awarded a contract for the construction of "Gardenia Residence", a project owned by Al Ahli SEDCO Residential Development Fund, in partnership with Ghoneim International Co.

Gardenia Residence covers a 26,000 sqm land located west of Madinah Road previously acquired by the Fund through SEDCO Development. The project accommodates more than 370 diversified residential units that cater to the needs of residents as part of the growing demand in Jeddah's real estate sector.

The project's execution phase is 19 months, with expected delivery date set for the end of 2016.